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not thrilled at the prospect of a reunified korea having south korea and america right across the river. this is an area where the chinese could tune themselves up a little. but clearly they are not in love with north korea. >> i can only say china is trying to encourage the transformation of korea and encouraging north korea to follow the same path china has engaged in in the last several, opening up their economy in china has been actively trying to establish free trade zones, encouraging other countries to establish operations in certain areas as a way to try to beef up the north korean economy and hope that that may lessen the isolation of north korea and therefore are influenced their foreign policy and some of their military policies. >> on the outside there. >> what about china's book, continental border with russia? what about china buying to siberia. i'm colonizing siberia, sending out some of these people -- how to separate the united states? how does that worry the united states? actually, china getting stronger unaccounted siberia? >> i haven't heard any proposals for china
in which market participants operate with some local banks in asia, europe and south america signally to u.s. financial institutions they will have to start treating to avoid cftc swap dealer registrations. approach may also encourage foreign break theaters to be similarly expansive as they crossed the regulatory reform machines. second, the cftc's definition of u.s. persons that dictates registration and application of title vii requirements is overly broad and at times they hurt as a result, market participants do not know whether they or their counterparties are or are not u.s. persons and cannot make informed business planes. in addition, the breadth of the definition makes it nearly certain that some market participants will be the u.s. person for the purpose of u.s. regulation and media person, causing unnecessary overlap and potential regulation. third, regarding sequencing, the cftc is chosen to finalize the title vii rules and require compliance with them before specifying. as a result, market participants be significant uncertainty as to oppose me apply. in contrast, the sec reco
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